Pennsylvania Real Estate Investment Trust
PREIT is a real estate investment trust investing in shopping centers across the Mid‑Atlantic and Eastern U.S. It is focused on owning, managing, developing, acquiring, and leasing retail and mixed‑use properties in high‑demand markets.
Address: 2005 Market Street, Suite 1120, Philadelphia, PA 19103
Phone: (215) 875-0700
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Springfield Mall Owner Sees Strong Sales and Mall Occupancy, But a Large Debt
PREIT CEO Joseph F Coradino reports the firm is seeing high mall occupancy, strong sales, and foot traffic closer to 2019, levels, Even so, PREIT,…
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PREIT, Springfield Mall Owner, Explores Sale or Merger
PREIT, the owner of the Springfield Mall and several other malls in the Philadelphia region, is exploring a possible merger or sale, writes Paul Schwedelson…
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PREIT, Owner of Springfield Mall, Plans Apartments on Some Mall Properties to Shore Up Debt
PREIT, the owner of the Springfield Mall and other mall properties in the region, is taking a new approach to pull itself out of $2…
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PREIT, Owner of Springfield Mall, Reports Strong Sales During Holiday Season and Unveils 2022 Strategy
PREIT, otherwise known as the Pennsylvania Real Estate Investment Trust, has announced its sales report with a focus on traffic during the holiday season. They’ve…
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PREIT, Owner of Springfield Mall, Issues First-ever Sustainability Report
Pennsylvania Real Estate Investment Trust (PREIT), the owner of the Springfield Mall, has issued its inaugural sustainability report. The report highlights PREIT’s efforts to position…
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Springfield Mall Owner Retains Spot on NYSE After Its Stock Price Stabilizes Following Emergence from Bankruptcy
Pennsylvania Real Estate Investment Trust, owner of the Springfield Mall, Plymouth Meeting Mall and Willow Grove Park, has managed to dodge being delisted from the…
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Owner of Springfield Mall Unsure of Its Ability to Survive Over Next Year
Pennsylvania Real Estate Investment Trust, the owner of the Springfield Mall, is unsure of its ability to survive, writes Natalie Kostelni for the Philadelphia Business…
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Springfield Mall Owner Remains Optimistic About Mall’s Future, Despite Drop in Fourth-Quarter Earnings
Pennsylvania Real Estate Investment Trust, owner of Springfield Mall, saw fourth-quarter earnings that did not meet expectations, causing its shares to drop by 27 percent,…
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Promenade at Granite Run Among Shopping Centers Ditching ‘Mall’ from Name
Formerly known as the Granite Run Mall, the Promenade at Granite Run in Media is joining the nationwide trend of shopping centers dropping the word…
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Albert Boscov, Retail Role Model, Passes Away
He led by example, by passion, and by a big heart. And last Friday, Albert Boscov left a legacy the retail industry won’t soon forget.…
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